Old Dominion Freight Line Inc. (ODFL) News
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ODFL News Highlights
- For ODFL, its 30 day story count is now at 55.
- Over the past 26 days, the trend for ODFL's stories per day has been choppy and unclear. It has oscillated between 1 and 22.
- MSCI, GOLD and SAIA are the most mentioned tickers in articles about ODFL.
Latest ODFL News From Around the Web
Below are the latest news stories about Old Dominion Freight Line Inc that investors may wish to consider to help them evaluate ODFL as an investment opportunity.
Old Dominion Freight Line (ODFL) is a "less than truckload" (LTL) freight carrier in the U.S. and internationally. We are neutral on the stock. According to its company bio, ODFL provides regional, inter-regional, and national LTL services, including expedited transportation. The term "less than truckload" describes shipping services for relatively small freight loads. The loads range between 150 and 15,000 pounds; some sources site 5,000 pounds as the upper threshold, but you get the idea. Small shipments like these often can't fill an entire truck, allowing space to combine other small shipments as well. Old Dominion Freight's Big Competitive Advantage ODFL operates in a highly competitive industry.
Investment Thesis SAIA (SAIA) is accelerating its network growth in FY2022 which will help increase the pace of its market share gains. The company benefitted from low inventory levels in the industrial as well as the retail market and it helped its tonnage and shipment growth in FY2021. The demand...
What Kind Of Shareholders Hold The Majority In Old Dominion Freight Line, Inc.'s (NASDAQ:ODFL) Shares?
The big shareholder groups in Old Dominion Freight Line, Inc. ( NASDAQ:ODFL ) have power over the company. Institutions...
Old Dominion Freight Line had its target price lifted by Wells Fargo & Company from $335.00 to $348.00 in a report issued on Thursday morning, The Fly reports. The firm
Technology stocks had a lousy start to 2022. QQQ lost 9% of its value in January. Pandemic winners are getting crushed while energy stocks are surging.
Columbus, OH, based Investment company Budros, Ruhlin & Roe, Inc. (Current Portfolio) buys Advanced Drainage Systems Inc, Emerson Electric Co, Baker Hughes Co, Old Dominion Freight Line Inc, Agilon Health Inc, sells CarMax Inc, Intuitive Surgical Inc, Amazon.com Inc, Dominion Energy Inc, Salesforce.com Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Budros, Ruhlin & Roe, Inc..
Mcmurray, PA, based Investment company Twin Capital Management Inc (Current Portfolio) buys Old Dominion Freight Line Inc, Lennar Corp, Analog Devices Inc, Advance Auto Parts Inc, Intuit Inc, sells The Home Depot Inc, The Walt Disney Co, BorgWarner Inc, General Electric Co, Edison International during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Twin Capital Management Inc.
Wells Fargo analyst Allison Poliniak-Cusic raised the price target on Old Dominion Freight Line Inc (NASDAQ: ODFL) to $348 (an upside of 12.5%) from $335 and maintained an Equal Weight rating on the shares. The analyst notes that as the best-in-class LTL provider, Q4 results reflected the strength in its growth and execution strategy. Related: Old Dominion Freight Line Clocks 31% Revenue Growth In Q4, Tops Street View Citi analyst Christian Wetherbee raised the price target on Old Dominion to $3
Investment company Los Angeles Capital Management Llc (Current Portfolio) buys Booking Holdings Inc, McDonald's Corp, Adobe Inc, Old Dominion Freight Line Inc, Chevron Corp, sells Nike Inc, Humana Inc, Ulta Beauty Inc, O'Reilly Automotive Inc, Illumina Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Los Angeles Capital Management Llc.
Shares of Old Dominion Freight Line (NASDAQ: ODFL) were up more than 13% for the week as of midday Thursday, after the trucking company reported better-than-expected earnings. Demand for trucking is strong, and Old Dominion was able to take advantage. Old Dominion earned $2.41 per share in the fourth quarter on revenue of $1.41 billion, surpassing expectations for $2.26 per share in earnings on sales of $1.38 billion.